The US’ inclusion of Taiwan in its Indo-Pacific Strategy is geared toward weakening Beijing’s influence in Southeast Asia, as well as providing a Blue Dot Network to counter China’s Belt and Road Initiative, a senior Executive Yuan member said yesterday.
Taiwan and the US would be seeking further collaboration on infrastructure construction and energy, said the source, who spoke on condition of anonymity.
The US and Taiwan signed a memorandum of understanding on the Framework to Strengthen Infrastructure, Finance and Market Cooperation on Sept. 17, which would see the Ministry of Finance and the US Department of the Treasury establishing respective task forces to facilitate collaborative projects for government and private infrastructure via investments.
The Blue Dot Network aims to promote quality infrastructure investment that is open and inclusive, transparent, economically viable, and financially, environmentally and socially sustainable, while complying with international standards, laws and regulations.
At the inaugural Taiwan-US Economic Prosperity Partnership Dialogue that concluded on Friday last week, Taiwan and the US reached several agreements, including prioritizing the development of semiconductors, making the Indo-Pacific region a focal point, and acknowledging that the New Southbound Policy and the US’ Indo-Pacific Strategy share the same goal.
Taiwan and the US are partners that would undertake financial collaboration in the development of infrastructure in the Indo-Pacific region, the source said.
Taiwan expressed its support for the principles underpinning the Blue Dot Network, the source added.
As Taiwan has established benign relations with all the regions in which the network is to operate — South Asia, Southeast Asia, the Pacific and Latin America — the US is seeking to collaborate further with Taiwan on renewable energy and local infrastructure construction, the source said.
The Ministry of Education (MOE) is to launch a new program to encourage international students to stay in Taiwan and explore job opportunities here after graduation, Deputy Minister of Education Yeh Ping-cheng (葉丙成) said on Friday. The government would provide full scholarships for international students to further their studies for two years in Taiwan, so those who want to pursue a master’s degree can consider applying for the program, he said. The fields included are science, technology, engineering, mathematics, semiconductors and finance, Yeh added. The program, called “Intense 2+2,” would also assist international students who completed the two years of further studies in
The brilliant blue waters, thick foliage and bucolic atmosphere on this seemingly idyllic archipelago deep in the Pacific Ocean belie the key role it now plays in a titanic geopolitical struggle. Palau is again on the front line as China, and the US and its allies prepare their forces in an intensifying contest for control over the Asia-Pacific region. The democratic nation of just 17,000 people hosts US-controlled airstrips and soon-to-be-completed radar installations that the US military describes as “critical” to monitoring vast swathes of water and airspace. It is also a key piece of the second island chain, a string of
Taiwan will now have four additional national holidays after the Legislative Yuan passed an amendment today, which also made Labor Day a national holiday for all sectors. The Chinese Nationalist Party (KMT) and Taiwan People’s Party (TPP) used their majority in the Legislative Yuan to pass the amendment to the Act on Implementing Memorial Days and State Holidays (紀念日及節日實施辦法), which the parties jointly proposed, in its third and final reading today. The legislature passed the bill to amend the act, which is currently enforced administratively, raising it to the legal level. The new legislation recognizes Confucius’ birthday on Sept. 28, the
A magnitude 5.9 earthquake that struck about 33km off the coast of Hualien City was the "main shock" in a series of quakes in the area, with aftershocks expected over the next three days, the Central Weather Administration (CWA) said yesterday. Prior to the magnitude 5.9 quake shaking most of Taiwan at 6:53pm yesterday, six other earthquakes stronger than a magnitude of 4, starting with a magnitude 5.5 quake at 6:09pm, occurred in the area. CWA Seismological Center Director Wu Chien-fu (吳健富) confirmed that the quakes were all part of the same series and that the magnitude 5.5 temblor was
RSS